High-Performing Triplex – 6 Above-Ground Units, 3 Secondary Suites & 5%+ Cap Rate! This turnkey triplex on a prime corner lot is a rare opportunity for serious investors seeking strong cash flow and long-term returns. With 6 above-ground units including 3 secondary suites, this 5,001 sqft property offers 13 bedrooms, 9 full baths, and 3 half baths—delivering multiple income streams. The corner units feature 3 bedrooms and 2.5 baths, while the middle unit boasts two master bedrooms. The three secondary suites include 2-bed, 1-bath units with large kitchens and separate laundry, plus a 1-bed, 1-bath suite with an open layout. With 9-foot ceilings, modern finishes, and a triple detached garage with 9” x 8” overhead doors, this property is built to impress and minimize maintenance. Located just minutes from downtown, with easy access to transit and all amenities nearby, it also offers stunning downtown views. This high-yield investment is perfect for investors looking to maximize returns in a prime location.
Address
9303/9305/9307 123 Ave NW
List Price
$1,849,900
Property Type
Residential
Type of Dwelling
Triplex
Style of Home
3 Storey
Area
Edmonton
Sub-Area
Delton
Bedrooms
5
Bathrooms
4
Floor Area
5,002 Sq. Ft.
Lot Shape
Rectangular
Year Built
2025
MLS® Number
E4424330
Listing Brokerage
Real Broker
Postal Code
T5G 1K4
Zoning
Zone 05
Parking
Single Garage Detached, Triple Garage Detached
Community Features
See Remarks
Exterior Features
Back Lane, Fruit Trees/Shrubs, Landscaped, Level Land, Playground Nearby, Shopping Nearby, View City, View Downtown, See Remarks, Partially Fenced
Interior Features
ensuite bathroom
Heat Type
Baseboard, Forced Air-1, Natural Gas
Construction Materials
Wood, Metal, Vinyl, Hardie Board Siding
Direction Faces
North
Foundation Details
Slab
Garage Type
Yes
Roof
Asphalt Shingles
Access To Property
Paved Driveway to House